全景网7月9日讯 调控之下商业地产逆势崛起，大量资金涌入但未来状况岌岌可危。商业地产尚未熄火，旅游地产火速登场，自身盈利能力不足仍靠住宅别墅补足。商业地产、旅游地产风险激化，普通老百姓该如何投资？

Panorama nets July 9-under the control of commercial real estate contrarian rise，A lot of money pouring into but future situation in jeopardy。Commercial real estate has not die，Tourism real estate speeding debut，Their own profit ability is insufficient still rely on residential villas supplementary。Commercial real estate、Tourism property risk escalate，Ordinary people how to invest？

　　今年一季度住宅开发投资增速仅为19%，而商业地产则达到了43.4%，资金还在大量进入商业地产市场。从飞涨的写字楼租金中就可见一斑，今年一季度，北京写字楼租金同比上涨48%，北京CBD顶级写字楼的租金比2011年同期上涨了75%，排名已超过纽约，跃居全球第5位。

In the first quarter of this year the housing development investment growth rate is only 19%，The commercial real estate reached 43.4%，Funding is also in entered the commercial real estate market。The soaring office rentals from the as evidenced by，In the first quarter of this year，Beijing office rentals rose 48% year-on-year，Beijing CBD office rent top than the same period in 2011, up 75%，Ranking has more than New York，Global fifth place。

　　复旦大学房地产研究中心所长蔡为民(博客,微博)周日做客甘肃卫视《新财富夜谈》节目时表示，“商业地产现在的状况就是如雨后春笋，未来的状况岌岌可危。”

Fudan university of real estate research center CaiWeiMin(blog,Micro bo)A satellite TV on Sunday in gansu province《New wealth implausible》Program said，“Commercial real estate is right now is to have mushroomed，The status of the future is at stake。”

　　为什么商业地产会这么火爆，中国商业地产联盟副会长王永平给出了解释，“很多地方政府在出让地块的时候，往往把商业搭着住宅卖，商业用地被住宅地产绑架了。另外，北京写字楼租金上涨主要原因是供求关系失衡。未来CBD新的地块起来以后，写字楼紧张的状况会有所改变。把北京写字楼这两年的疯狂上涨，当作商业地产火爆的信号，是一个误导。”

Why commercial real estate would be so popular，China's commercial real estate league wang yongping, vice President of the explanation is given，“Many local governments in the plot，Often a commercial residential sell，The land for commercial use is housing estate kidnapped。In addition，Beijing office rent up the main reason is the imbalance between supply and demand。Future new plot after CBD up，Office of the nervous condition will be changed。The Beijing office for two years this crazy rise，As a commercial real estate boom signal，Is a misleading。”

　　蔡为民介绍称，“商业地产分办公、商办。按照风险系数排列，商办风险系数最低，所以潘石屹喜欢做商办，再来是商铺，再来是商场。”

CaiWeiMin introduce says，“Commercial real estate points office、sometime。According to risk arrangement，Sometime the lowest risk factors，So Mr Pan like do sometime，Then the shops，Then the market。”

　　蔡为民还向消费者提了个醒，“消费者多数是盲目的，往往是事前相信事后反悔。盲目的相信开发商讲的能回报8%-10%，事实上是根本做不到的。”

CaiWeiMin also put forward a wake to consumers，“Consumers most is blind，Often is the advance believe afterwards back。Blind believe that developers can return about 8%-10%，In fact is simply can't do。”

　　王永平断言，“在未来的四五年间，很多商业地产项目就会遇到比较大的困难。”

Support ratings assert that，“In the next four or five years，A lot of commercial real estate projects will meet more difficult。”

　　此外，旅游地产也是这两年的热门。王永平指出，“实际上就是以旅游的名义圈住宅用地，最后都是要靠住宅别墅概念去盈利的。因为旅游地产的盈利能力比商业的盈利能力还要低，时间周期还要长。”

In addition，Tourism is the real estate two years of popular。Wang yongping, points out that，“In fact is the name of the tourism circle housing land，The last is to rely on residential villas concept to earnings。Because tourism the profitability of commercial real estate than the profitability of still lower，The cycles of time and long。”

　　对于普通的投资者而言，专家们给出了投资建议。安徽金大地商业有限公司总经理王辉称，“从个人的投资来讲，肯定是要选适当的成熟商圈，有很好的开发商背景和品牌溢价效应，同时周边的设施配套尽可能齐全，而且产品要有独立的产权，不要跟住宅混搭在一块。”

For ordinary investors，Experts give the investment advice。Anhui gold business, general manager of the earth WangHui says，“From personal investment terms，Sure is going to choose the appropriate mature business circle，Have very good developers background and brand premium effect，At the same time the surrounding facilities as far as possible is complete，And product to have independent property rights，Don't mix with the residence in one piece。”

　　“我觉得要傍专业的商业地产公司，风险会比较小，因为开发商把包括地段在内的各种因素都替你做出了选择。”王永平指出。

“I think to alongside professional commercial real estate company，The risk is small，Because the developers, a variety of factors including area for you to make a choice。”Wang yongping, points out that。

　　蔡为民表示，“我们不能像买住宅一样去买商业地产，我们必须很清楚的知道，对于住宅而言它的风险是品质，对于商业而言它的风险是经营，所以首先考虑安全再考虑获利。”（全景网）

CaiWeiMin said，“We can't buy house like as to buy commercial real estate，We must be clearly know，As the risk of it for residence is quality，As the risk of it to a business is business，So first consider safe to consider a profit。”（Panoramic nets）